Common use of Injunctive Relief, Damages and Forfeiture Clause in Contracts

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive’s position with the Company, and with full realization that a violation of this Section 8 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties’ interests, the parties understand and agree that either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d), the prevailing party will be entitled to an award of attorney’s fees and costs.

Appears in 4 contracts

Samples: Executive Employment Agreement (PetroShare Corp.), Executive Employment Agreement (PetroShare Corp.), Executive Employment Agreement (PetroShare Corp.)

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Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive’s position with the Company, and with full realization that a violation of this Section 8 9 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties’ interests, the parties understand and agree that either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d9(h), the prevailing party will be entitled to an award of attorney’s fees and costs.

Appears in 4 contracts

Samples: Executive Employment Agreement (IMH Financial Corp), Executive Employment Agreement (IMH Financial Corp), Executive Employment Agreement (IMH Financial Corp)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive’s 's position with the Company, and with full realization that a violation of this Section 8 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties' interests, the parties understand and agree that in addition to instituting arbitration proceedings pursuant to Section 10 to recover damages resulting from a breach of this Agreement, either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d), the prevailing party will be entitled to an award of attorney’s 's fees and costs.

Appears in 4 contracts

Samples: Employment Agreement (Fortitude Gold Corp), Employment Agreement (Fortitude Gold Corp), Employment Agreement (Fortitude Gold Corp)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive’s position with the Company, and with full realization that a violation of this Section 8 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties’ interests, the parties understand and agree that in addition to instituting arbitration proceedings pursuant to Section 10 to recover damages resulting from a breach of this Agreement, either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d), the prevailing party will be entitled to an award of attorney’s fees and costs.

Appears in 3 contracts

Samples: Employment Agreement (Fortitude Gold Corp), Employment Agreement (Gold Resource Corp), Employment Agreement (Gold Resource Corp)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive’s position with the Company, and with full realization that a violation of this Section 8 10 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties’ interests, the parties understand and agree that either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d10(h), the prevailing party will be entitled to an award of attorney’s fees and costs.

Appears in 1 contract

Samples: Executive Employment Agreement (IMH Financial Corp)

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Injunctive Relief, Damages and Forfeiture. Due to the nature of ExecutiveParticipant’s position with the Company, and with full realization that a violation of this Section 8 12 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties’ interests, the parties understand and agree that either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d)12.7, the prevailing party will be entitled to an award of attorney’s fees and costs.

Appears in 1 contract

Samples: Restricted Stock Agreement (YRC Worldwide Inc.)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive’s position with the Company, and with full realization that a violation of this Section 8 may cause immediate and irreparable injury and damage, which is not readily measurable, and to protect the parties’ interests, the parties understand and agree that in addition to instituting proceedings to recover damages resulting from a breach of this Agreement, either party may also seek injunctive relief to enforce this Agreement in a court of competent jurisdiction to cease or prevent any actual or threatened violation of this Agreement. In any action brought pursuant to this Section 8(d)8, the prevailing party will be entitled to an award of attorney’s fees and costs.

Appears in 1 contract

Samples: Executive Employment Agreement (Gold Resource Corp)

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